Nearly 12,000 matches a year across 12 disciplines, five million requests per second during a fantasy cricket tournament and 150 million users engaging with the platform. It’s about numbers, technology -- and the vision to make sports better, says Dream Sports Chief Technology Officer Amit Sharma. Combining the thrill of live sports and the excitement [...]
Fintech firm BankBazaar.com on Tuesday said it plans to go public in the next 12-18 months. The company had a net revenue of Rs 160 crore in FY23. The Initial Public Offering (IPO) plans are in progress with an aim to list in 12-18 months, co-branded credit card issuer BankBazaar.com said in a statement. Prior [...]
Astec LifeSciences, a subsidiary of Godrej Agrovet (GAVL), on Tuesday launched its Research and Development (R&D) centre in Rabale, Maharashtra. The facility 'Adi Godrej Centre for Chemical Research and Development' will focus on innovation and developing sustainable and safe solutions for people and the environment and providing services to innovator companies in the contract development [...]
A consortium led by state-owned Bharat Heavy Electricals Ltd (BHEL) has bagged an order worth more than Rs 9,600 crore to supply 80 sleeper class Vande Bharat trains to Indian Railways over a period of six years. There is a demand for running sleeper class Vande Bharat or Train18 trainsets as these can ply on [...]
The country's largest private sector lender HDFC Bank on Tuesday said it proposes to raise Rs 50,000 crore from issuance of debt instruments on a private placement mode in the next 12 months. The company's board of directors will consider the proposal at its meeting on April 15. "... we wish to inform you that [...]
Tiger Global Management on Tuesday offloaded shares worth Rs 388 crore of supply chain player Delhivery through an open market transaction. Internet Fund III Pte, a fund managed by US-based private equity firm Tiger Global Management, sold the shares of Delhivery. According to the bulk deal data available with BSE, Internet Fund III Pte offloaded [...]
Adani Enterprises Ltd (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary for carrying out coal washery related business. "The company has incorporated a WOS (Wholly-Owned Subsidiary) Pelma Collieries Ltd (PCL) on April 7, with an initial authorised share capital of Rs 10,00,000 and paid-up share capital of Rs 5,00,000," it said in a [...]
The Madhya Pradesh Investment Promotion Committee headed by Chief Minister Shivraj Singh Chouhan on Tuesday approved a revised proposal of Rs 43,000-crore to Rs 50,000-crore for the expansion of Bina Refinery of Bharat Petroleum Corporation Limited (BPCL) and setting up of a petrochemical project, an official said. The project is expected to provide employment to [...]
Shareholders of NLC India Ltd have approved the appointment of Prasanna Kumar Motupalli as Chairman and Managing Director (CMD) of the company. The members of NLC India have passed the ordinary resolution approving his appointment to the top post, the company said in a regulatory filing on Tuesday. NLC India, under the Ministry of Coal, [...]
Bharti Airtel has told regulator Trai that broadcasters are violating the downlinking policy by providing broadcast content to unregistered digital distribution platforms. The telecom player's submission to the watchdog is seen as an apparent reference to Jio TV showing IPL 2023 matches. Bharti Airtel has said the delivery of the same broadcast on broadband through [...]
